Hackers spent ₹1,410 to steal ₹23,487 cr from Binance in one hit

Hackers behind $6.3 billion theft from world's largest cryptocurrency exchange Binance utilised EIP-7702, an Ethereum upgrade, to execute one transaction. They paid $15 (nearly ₹1,410) in network fees to activate the permission granted by EIP-7702 to drain $2.5 billion (nearly ₹23,487.50 crore) in a single transaction. The hackers used the same permission to steal nearly $3.6 billion in total.